Tohan Corporation agreed to acquire an additional 9.2% stake in Sanyodo Holdings Inc (JASDAQ:3058) from Tohan Media Wave Corporation on August 24, 2015. Tohan Corporation will acquire 0.54 millions shares of Sanyodo Holdings, increasing its shareholding to 18.76%. The transaction is expected to close on August 26, 2015.
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- Tohan Corporation agreed to acquire an additional 9.2% stake in Sanyodo Holdings Inc from Tohan Media Wave Corporation.